Author: Ramona Adams|| Date Published: November 30, 2016
FLIR Systems (Nasdaq: FLIR) has acquired Oslo, Norway-based unmanned aerial systems manufacturer Prox Dynamics for approximately $134 million to create a new UAS business within the buyer’s surveillance segment.
FLIR said Wednesday it also intends to expand its airborne sensor product line with the addition of Prox Dynamics.
“The team at Prox Dynamics operates with a commercial mindset, which is a great fit for FLIR’s ‘commercially developed, military qualified, ‘ or ‘CDMQ, ‘ operating philosophy, ” said FLIR President and CEO Andy Teich.
Prox Dynamics offers the Personal Reconnaissance System mobile sensor platform that features its Black Hornet aerial sensor which utilizes FLIR’s Lepton micro thermal camera.
FLIR looks to optimize the range, cost, flexibility and performance of PRS and provide brand, distribution and customer support infrastructure to Prox Dynamics’ team.
Prox Dynamics builds nano-class UAS for military and para-military intelligence, surveillance and reconnaissance applications.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…